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Benz Mining (TSXV:BZ) Goodwill : C$0.00 Mil (As of Jan. 2025)


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What is Benz Mining Goodwill?

A Goodwill is an intangible asset that arises as a result of the acquisition of one company by another for a premium value. The value of a company's brand name, solid customer base, good customer relations, good employee relations and any patents or proprietary technology represent goodwill. Benz Mining's goodwill for the quarter that ended in Jan. 2025 was C$0.00 Mil.


Benz Mining Goodwill Historical Data

The historical data trend for Benz Mining's Goodwill can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Benz Mining Goodwill Chart

Benz Mining Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
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Benz Mining Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
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Benz Mining Goodwill Calculation

A Goodwill is an intangible asset that arises as a result of the acquisition of one company by another for a premium value. The value of a company's brand name, solid customer base, good customer relations, good employee relations and any patents or proprietary technology represent goodwill. Goodwill is considered an intangible asset because it is not a physical asset like buildings or equipment. The goodwill account can be found in the assets portion of a company's balance sheet.


Benz Mining  (TSXV:BZ) Goodwill Explanation

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets.

It is calculated by dividing goodwill by total assets.

Benz Mining's Goodwill-to-Asset Ratio for the fiscal year that ended in Apr. 2024 is calculated as

Goodwill-to-Asset (A: Apr. 2024 )=Goodwill/Total Assets
=0/7.62
=

Benz Mining's Goodwill-to-Asset Ratio for the quarter that ended in Jan. 2025 is calculated as

Goodwill-to-Asset (Q: Jan. 2025 )=Goodwill/Total Assets
=0/19.703
=

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

If the goodwill-to-asset ratio increases, it can mean that the company is recording a proportionately higher amount of goodwill, assuming total assets are remaining constant. It is generally good to see a company increasing its assets regularly; however, if these increases are coming from intangible assets, such as goodwill, the increases may not be as good.

Increases in the goodwill-to-asset ratio might suggest that a company has been aggressively acquiring other firms or has seen its tangible assets decrease in value. When a large portion of total assets are attributable to intangible assets (such as goodwill), the company may be at risk of having that portion of its asset base wiped out quickly if it must record any goodwill impairments. Decreases in the goodwill-to-assets ratio suggest that the company has either written down some goodwill or increased its tangible assets.

Asset needs vary from industry to industry. This is why comparing goodwill-to-assets ratios is generally most meaningful among companies within the same industry. By comparing a company's goodwill to assets ratio to those of other companies within the same industry, investors can get a feel for how a company is managing its goodwill.


Benz Mining Goodwill Related Terms

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Benz Mining Business Description

Traded in Other Exchanges
Address
Bentall Four 1055 Dunsmuir Street, Suite 3000, Vancouver, BC, CAN, V6E 2E9
Benz Mining Corp is a Canada-based gold exploration company. The company is engaged in the acquisition, exploration, and exploitation of mineral properties in the Americas. It acquires 100% of the Eastmain Gold Mine Project, a resource stage Au-Ag-Cu deposit in the James Bay Region, Quebec.
Executives
Nicholas Tintor Director
Carlos Escribano Senior Officer
Miloje Vicentijevic Director, Senior Officer
Ron Hall Director

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